Hello, JDP: As best as I understand things, there are only 3 type of players that can move the price of a stock down, ie: the major shorting interests, the whales who simply want a lower price that whatever the current one might be, and the sellers (of their shares) who simply want out of the stock for whatever their reasons, but who don' t sell at the ask, but rather sell at the bid side of the spread. For that kind of selling pressure also exerts it power on driving the price of the stock down rather than up; and that simply for the reason that that IS the way that "the powers that be" set it up a long time ago."
So, that only leaves us common share buying ask-smackers, and possibly some power groups & whales, who would be willing to buy the shares at the asking price, rather than at the bid price.
And that's typically why I always try to buy at the green ask-smacking price whenever I enter in to a stock/company, so as to try and help the cause, which is that of trying to get the price of the stock up higher!
Simple but true.
I have been convinced in my own mind that the shorts & the whales have this play by the throats, and I began to realize this when I saw how much green slapping at the ask was coming into this play for about a week before the big concert in July28th(?), and then for about a week after that, at which time thereabouts, we all began to seriously realize that "something was amiss here in IMTV~land, FOR NO MATTER HOW MUCH GREEN & ENTHUSIASTIC BUYING PERSONS WHO CAME INTO THE STOCK, and at that time, that they were not able to move the price of the stock north.
And then on top of all of that, is when the company & its CEO decided to go pretty much silent, and with hardly nary a peep out of them about the forthcoming next big concert that was to happen in late September/early October. For all of the news & updates just ceased, and kinda like " all of a sudden", too,, After the July the 28th success!
So, just hoping for the best, is about where it is for me. For one thing that I am sure of, is that if they don't start doing some major PR' ing soon about "our next humongous money making concert", that this particular play may suffer greatly, and us, too, financially.
Please note that all of the above is nothing more than IMHO. Just some observations after 8 years here of being involved in the OTC.PK market. So, with that, GLTA of us common share holders, and may the LORD GOD be pleased to bless & increase our new CEO & his helpers/associates in his company, IMTV.
Sincerely, & FWIWTU, Jaime
